Managerial Economics
1
Examination-2014
Quantitative Techniques
QUIZ TEST
(Answer All Questions)
Time – 20 mins
Full Marks – 10 (10 x 1)
1. The GM of a set of five numbers is 2. The GM of a set of four numbers is 4. What is the GM of the numbers if both the sets considered together?
2. What do you mean by bi-modal incase of measures of central tendency?
3. If mean and SD are 50 and 10 then what is the value of Coefficient of Variation.
4. What is the empirical relationship between Mean, Median and Mode?
5. The mode always found at the highest point of a graph of a data distribution. (T/F)
6. For a data with 50 observations, the median will be the value of the 25 th observation. (T/F)
7. When referring to a curve that tail longer towards left end, you would call it ________________.
8. When a distribution is symmetrical and has one mode, the highest point on the curve is called the__________________. 9. What is HM?
10. Explain Probability
Name……………………………………………….…
N.B: Over write of answer will not be evaluate
Roll No…………………………………..
2
Examination-2014
Quantitative Techniques
QUIZ TEST
(Answer All Questions)
Time – 20 mins
Full Marks – 10 (10 x 1)
1. Measures of central tendency in a data set refer to the extent to which the observations are scattered. (T/F).
2. The mean of 50 observations was worked out as 45 by a computer who by mistake took the value 54 in place of 45 for one observation. Re-calculate the correct mean.
3. Extreme values in a data set have a strong effect on the median. (T/F)
4. The difference between the largest and smallest observations in a data set is called the geometric mean. (T/F)
5. The SD of the first n natural numbers is ________.
6. Which is the first step in calculating the median of a data set?
7. Explain the expected value of x
8. The sum of squares of deviations from mean is ___________.
9. What do you mean by bi-modal incase of measures of central tendency?
10. A probability of getting the
Examination-2014
Quantitative Techniques
QUIZ TEST
(Answer All Questions)
Time – 20 mins
Full Marks – 10 (10 x 1)
1. The GM of a set of five numbers is 2. The GM of a set of four numbers is 4. What is the GM of the numbers if both the sets considered together?
2. What do you mean by bi-modal incase of measures of central tendency?
3. If mean and SD are 50 and 10 then what is the value of Coefficient of Variation.
4. What is the empirical relationship between Mean, Median and Mode?
5. The mode always found at the highest point of a graph of a data distribution. (T/F)
6. For a data with 50 observations, the median will be the value of the 25 th observation. (T/F)
7. When referring to a curve that tail longer towards left end, you would call it ________________.
8. When a distribution is symmetrical and has one mode, the highest point on the curve is called the__________________. 9. What is HM?
10. Explain Probability
Name……………………………………………….…
N.B: Over write of answer will not be evaluate
Roll No…………………………………..
2
Examination-2014
Quantitative Techniques
QUIZ TEST
(Answer All Questions)
Time – 20 mins
Full Marks – 10 (10 x 1)
1. Measures of central tendency in a data set refer to the extent to which the observations are scattered. (T/F).
2. The mean of 50 observations was worked out as 45 by a computer who by mistake took the value 54 in place of 45 for one observation. Re-calculate the correct mean.
3. Extreme values in a data set have a strong effect on the median. (T/F)
4. The difference between the largest and smallest observations in a data set is called the geometric mean. (T/F)
5. The SD of the first n natural numbers is ________.
6. Which is the first step in calculating the median of a data set?
7. Explain the expected value of x
8. The sum of squares of deviations from mean is ___________.
9. What do you mean by bi-modal incase of measures of central tendency?
10. A probability of getting the